Your missing the point. I'm not challenging that something is wrong with the formula. I'm saying the 3 cents they will give you and I is peanuts as compared to the value over the long term it willl create if it is re invested into the business. If we need some cash flow you can sell a couple of shares.
Take Amazon, there business is not just selling things online anymore. That's where it started but with investment, innovation they have now become a global leader in so many areas. Hence paying dividends in that business would have prevented it from reaching those heights.
Based on how long zno has been around for I'm sure using the 5m that has been suggested for paying dividends could be better spent on BD rather than us.
Thats all I'm saying. Maybe let's wait until we have 500m in revenue, zoono on every continent, larger product range before we start patting ourselves on the back
Ann: Notice of FY20 Full Year Results and Key Dates, page-57
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